Common use of Termination of Existing Indebtedness; Approval of Intercompany Indebtedness Clause in Contracts

Termination of Existing Indebtedness; Approval of Intercompany Indebtedness. All existing Indebtedness for borrowed money of the Company, the Borrower, the Acquired Company and their respective Subsidiaries in excess of $5,000,000 in the aggregate, other than Indebtedness incurred by SRL as set forth on Schedule 6.1(b), shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated. The Administrative Agent shall have reviewed and approved in its sole discretion all loan documentation with respect to any intercompany Indebtedness of the Credit Parties and the Administrative Agent shall have received a copy, certified by a Responsible Officer of the Borrower as true and complete, of each such document, as originally executed and delivered, together with all exhibits, schedules, amendments and modifications thereto.

Termination of Existing Indebtedness; Approval of Intercompany Indebtedness. All existing Indebtedness for borrowed money of the CompanyBorrower, the BorrowerParent, the Acquired Company and their respective Subsidiaries in excess of $5,000,000 8,000,000 in the aggregate, other than Indebtedness incurred by SRL as set forth on Schedule 6.1(b), shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated. The Administrative Agent shall have reviewed and approved in its sole discretion all loan documentation with respect to any intercompany Indebtedness of the Credit Parties and the Administrative Agent shall have received a copy, certified by a Responsible Officer an officer of the Borrower as true and complete, of each such document, as originally executed and delivered, together with all exhibits, schedules, amendments and modifications thereto.

Termination of Existing Indebtedness; Approval of Intercompany Indebtedness. All existing Indebtedness for borrowed money of the Company, the Borrower, the Acquired Company Borrower and their respective Subsidiaries in excess of $5,000,000 in the aggregate, other than Indebtedness incurred by SRL as set forth on Schedule 6.1(b), shall have been repaid in full and terminated and all Liens relating thereto shall have been terminated. The Administrative Agent shall have reviewed and approved in its sole discretion all loan documentation with respect to any intercompany Indebtedness of the Credit Parties and the Administrative Agent shall have received a copy, certified by a Responsible Officer of the Borrower as true and complete, of each such document, as originally executed and delivered, together with all exhibits, schedules, amendments and modifications thereto.